It does not work like that on the seas. Maritime legal conventions are are ratified by 99% countries on the globe. A shipowner is alwayd insured against these t

It does not work like that on the seas. Maritime legal conventions are are ratified by 99% countries on the globe. A shipowner is alwayd insured against these things, and the i surance company is also insured (reinsurance). So nobody will end up in a lifetime of serfdom because of this. Shit hits the fan on the high seas all the time. We nornally don't hear about it in regular media.